Market Update

January 23, 2014 4:14 pm / Published in * Trade Alert, GOLD, Market Update, SPX
The market traded to the middle of the range marked during January. Today we had a Gap down (charts below) and a continuation of the selloff for the rest of the day. Market Internal were negative the entire day. During the last two hours we had positive price action that most probably will be continued

GOLD

January 23, 2014 10:37 am / Published in * Trade Alert, GOLD
I am looking to start another short on GOLD in the next hours or days. We had a long term short trade on gold and we are planning to add to it. Looking for a fall to the 1200 level. I am looking for short signal in the 60 min chart and in the 15

All Time High

January 15, 2014 4:12 pm / Published in * Trade Alert, GOLD, Market Update, SPX, SPY
We are closed at All Time High and most of the positions for the Santa Claus rally are getting ready to be closed. Two days ago we had a selloff followed by two sharp up days. The volatility still low thus there is not fear in the market. The close of the weekly bar will

GOLD

January 15, 2014 9:38 am / Published in * Trade Alert, GLD, GOLD, Market Update
Gold is supposed to go up on higher inflation data, but it is falling by about $16. Our algorithms are detecting heavy selling by the momo crowd. The momo crowd behaves contrary to conventional wisdom. This is the reason that investing in gold has become so deceitful. Gold futures are at $1235, silver futures are

GOLD and SP500

January 2, 2014 12:31 pm / Published in * Trade Alert, GOLD
GOLD JUMPS, STOCKS FALL IN EARLY TRADING The SP500 is going lower in the first trading day of 2014 as Gold is pushing high.

GOLD

November 11, 2013 6:35 pm / Published in * Trade Alert, GLD, GOLD, HUI
The idea is that the FED will taper in Dec, Jan, Mar, or maybe next summer, but it will taper if the data keep improving. Only a large drop in the global economy could fuel a rally in gold and silver. Thus, we expect to see lower prices in some commodities. However the most interesting